2, BROADWOOD CLOSE, TRIMINGHAM, NORWICH, NR11 8EE - £300,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 BROADWOOD CLOSE is a very small detached house of 50m², built sometime between 1967 and 1975. It was last sold for £300,000 in June 2022, which was around 29% below the average June 2022 detached price in the North Norfolk local authority area. The most recent EPC inspection was March 2022, where the current energy rating was E, and the potential energy rating was B.

2 BROADWOOD CLOSE Sold Prices

Land registry data shows two sales for 2 BROADWOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North Norfolk local authority area for the corresponding sale date. Both of the two 2 BROADWOOD CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 27 JUN	£300,000	£420,783	29% below HPI
2021 9 APR	£215,000	£371,133	42% below HPI

2 BROADWOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North Norfolk local authority area over time, sourced from the HPI. The two 2 BROADWOOD CLOSE sales from April 2021 and June 2022 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2021 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2022 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 2 BROADWOOD CLOSE?

2 BROADWOOD CLOSE is 50m² according to the EPC inspection conducted in March 2022. This puts it in the smallest 10% of detached houses in Trimingham, based on EPC data. The below chart shows the distribution of detached houses by size in Trimingham, and where 2 BROADWOOD CLOSE lies on this distribution: 2% of detached houses are smaller than 2 BROADWOOD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Trimingham.

2 BROADWOOD CLOSE: Plot and Title Map

2 BROADWOOD CLOSE sits on a plot of roughly 0.116 of an acre, or 470m². The below map shows the location of 2 BROADWOOD CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 2 BROADWOOD CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 2 BROADWOOD CLOSE?

2 BROADWOOD CLOSE is located in TRIMINGHAM, in the NR11 postcode district. The below map shows the position of No. 2 on BROADWOOD CLOSE.